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Despite high expectations of disruption, 47% of IT leaders are not yet routinely assessing the viability of mission-critical IT suppliers reveals a Coeus Consulting survey (a Wavestone company).

    "Many business-critical IT services are provided to large organisations by complex and geographically-dispersed IT supply chains. A failure in just one part can have catastrophic consequences for the organisation's ability to operate."  saidBen Barry, Director, Coeus Consulting. The 2023 CIO & IT Leadership Survey " IT Supply Chain Disruptionfinds 53% of respondents think there's a high / very high likelihood of ALL business disruptors* listed impacting the organisation...
LONDON, (informazione.news - comunicati stampa - scienza e tecnologia)

 

 said Ben Barry , Director, Coeus Consulting.

The 2023 CIO & IT Leadership Survey " IT Supply Chain Disruption finds 53% of respondents think there's a high / very high likelihood of ALL business disruptors* listed impacting the organisation within three years, and 59% thinking these will ALL have a high / very high impact on their IT supply chain, and consequently, business operations.

The most disruptor is seen as Skills / Talent Availability (61%), while the highest is expected from Excessive Cost Increases (64%).  

Although 54% of respondents are currently investing to mitigate the impact of disruptions to the supply chain, there is currently a disconnect: Skills / Talent Availability and Excessive Cost Increases are expected to have the most significant impact on the IT supply chain, yet investment is not being prioritised in these areas.

For example, Skills Resource Ecosystem (5 place), Training & Development (6th), Automation (7th), Retiring Legacy Systems (8th) and Review of end-to-end sourcing strategy (9 ) all come at the bottom of the investment priority list.

As regards IT supplier failure as a potential business disruption, 50% of respondents think the of this is high / very high, with 56% thinking the would be high / very high.

However, only 53% of IT leaders routinely assess the viability of mission-critical IT suppliers across key criteria.

In detail, only 48% of IT leaders routinely assess for End -to-end Supply Chain Integration, 49% for Contractual Liability, 53% for Financial Stability, 58% for Operational Resilience and 60% for Performance.

To minimise the impact of future business disruptions, 89% think it's Extremely / Fairly Important that IT leadership should focus on IT's role within business disruption planning.

 stated John Gorrell , Associate Director, Coeus Consulting.

You can view the full report – IT Supply Chain Disruption – which includes expert advice -  here.

.

Coeus Consulting is an award-winning IT advisory that stands alongside technology, business and procurement leaders to deliver strategic change.

Coeus was founded in 2013 and acquired by Wavestone, a global transformation advisory firm (www.wavestone.com), in September 2022 .

This report was informed by a survey of 240 IT leaders predominantly in the UK and Germany in October and November 2022 . Roles were in large organisations across all verticals with 1,000+ employees, including CIO, CTO, Director or Head of IT, Head of IT and other senior IT leaders.

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Wavestone Press team
press@wavestone.com

 

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